The Chemical Industry Federation of Finland’s Innovation Award 

Chemical innovations - new products and services - are needed in order to address global challenges and generate well-being. The Chemical Industry Federation of Finland rewards operators in the chemical industry with an Innovation Award, which is granted every second year. In 2022 the award is worth 30 000 euros.

The purpose of the award is to encourage the research and product development teams of companies, universities and research institutes to develop new chemical products and services. We are looking for big and small innovations that contribute to the well-being of people and the environment in people’s everyday lives and in industrial production processes.

For example, an innovation can be new, more cost-efficient chemical processes for generating more environmentally friendly products, for instance, or a new way of combining different technologies. Often even a minor change in production methods can save nature and costs and create new business opportunities.

Who can apply for the award?

The competition is open to all representatives of chemical industry or its affiliate sciences in Finland, who work in companies, universities, research institutes or education institutions in the field of chemistry. However, mere high-quality research is not a sufficient award criterion, but we are looking for innovations or ideas with commercial potential.

Representatives from the affiliate sciences of chemistry, such as biotechnology and nano sciences, can apply for the award. The 30,000 euro award can be applied by a single person or a group.  

Innovation Award 2022

In 2022, the Chemical Industry Federation of Finland’s Innovation Award was given to Fortum’s recycling technology that uses vehicle batteries. The Innovation Award was given at the Chemical Industry Federation of Finland’s event on 27 April 2022. Read more about 2022 winner here.